The car in front is still a Toyota

Toyota’s troubles land it in front of a congressional hearing, but analysts remain upbeat on the carmaker’s long-term health.

It seems like Toyota's image problems could hardly be worse if its cars exploded on ignition. The world's biggest carmaker is facing a barrage of criticism in the US after belatedly admitting that millions of its cars have the potential to suddenly accelerate out of control.

The first recalls started way back in October, but the company has still not identified what causes the problem, after initially blaming the runaway cars on faulty floor mats and sticky pedals. Despite persistent speculation, Toyota insists that the sudden acceleration is not caused by a glitch in its electronic throttle and continues to focus on mechanical solutions.

In the meantime, more than 50 deaths in the...

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